Alera Investment Advisors LLC increased its position in shares of Anheuser Busch Inbev NV (NYSE:BUD) by 114.9% during the 1st quarter, Holdings Channel reports. The firm owned 346 shares of the consumer goods maker’s stock after purchasing an additional 185 shares during the period. Alera Investment Advisors LLC’s holdings in Anheuser Busch Inbev were worth $29,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently made changes to their positions in BUD. Sontag Advisory LLC bought a new position in Anheuser Busch Inbev during the fourth quarter worth $26,000. Investors Research Corp bought a new stake in Anheuser Busch Inbev in the first quarter valued at $26,000. Lenox Wealth Management Inc. lifted its stake in Anheuser Busch Inbev by 423.7% in the first quarter. Lenox Wealth Management Inc. now owns 309 shares of the consumer goods maker’s stock valued at $26,000 after buying an additional 250 shares during the last quarter. Enterprise Financial Services Corp lifted its stake in Anheuser Busch Inbev by 135.7% in the first quarter. Enterprise Financial Services Corp now owns 337 shares of the consumer goods maker’s stock valued at $28,000 after buying an additional 194 shares during the last quarter. Finally, Strategy Asset Managers LLC bought a new stake in Anheuser Busch Inbev in the first quarter valued at $28,000. Hedge funds and other institutional investors own 4.49% of the company’s stock.

Shares of NYSE BUD opened at $86.80 on Thursday. Anheuser Busch Inbev NV has a fifty-two week low of $64.54 and a fifty-two week high of $106.86. The company has a current ratio of 0.53, a quick ratio of 0.41 and a debt-to-equity ratio of 1.47. The stock has a market cap of $147.13 billion, a P/E ratio of 25.23, a P/E/G ratio of 1.96 and a beta of 1.15.

Anheuser Busch Inbev (NYSE:BUD) last issued its quarterly earnings data on Tuesday, May 7th. The consumer goods maker reported $1.27 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.27. Anheuser Busch Inbev had a net margin of 12.78% and a return on equity of 21.34%. The business had revenue of $12.59 billion for the quarter, compared to analysts’ expectations of $12.66 billion. During the same period in the previous year, the business earned $0.73 earnings per share. The company’s revenue was down 3.7% on a year-over-year basis. As a group, analysts predict that Anheuser Busch Inbev NV will post 5.01 earnings per share for the current fiscal year.

The business also recently disclosed a semiannual dividend, which was paid on Thursday, June 6th. Investors of record on Wednesday, May 8th were paid a dividend of $1.1152 per share. This is a boost from Anheuser Busch Inbev’s previous semiannual dividend of $0.91. This represents a dividend yield of 2.55%. The ex-dividend date was Tuesday, May 7th. Anheuser Busch Inbev’s payout ratio is currently 48.55%.

A number of equities research analysts have issued reports on the company. Argus upgraded Anheuser Busch Inbev from a “hold” rating to a “buy” rating in a research note on Thursday, May 30th. ValuEngine upgraded Anheuser Busch Inbev from a “sell” rating to a “hold” rating in a research note on Saturday, June 1st. Bank of America upgraded Anheuser Busch Inbev from an “underperform” rating to a “neutral” rating and set a $91.00 target price on the stock in a research note on Friday, April 5th. Barclays assumed coverage on Anheuser Busch Inbev in a research note on Tuesday, April 2nd. They issued an “equal weight” rating and a $83.64 target price on the stock. Finally, Macquarie raised their target price on Anheuser Busch Inbev from $80.00 to $84.00 and gave the company a “neutral” rating in a research note on Friday, March 1st. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $83.77.

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About Anheuser Busch Inbev

Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks. The company offers a portfolio of approximately 500 beer brands, including Budweiser, Corona, and Stella Artois; Beck's, Castle, Castle Lite, Hoegaarden, and Leffe; and Aguila, Antarctica, Bud Light, Brahma, Cass, Cristal, Harbin, Jupiler, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol.

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Institutional Ownership by Quarter for Anheuser Busch Inbev (NYSE:BUD)

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